"CAs ARE PARTNERS IN GLOBAL BUILDING"

The Vice President of the Institute of Chartered Accountants of India, CHARANJOT SINGH NANDA, reflects on the growing role of CAs in India from being pillars of nation-building to "global partners" in this interview with BW Businessworld's Noor Fathima Warsia

- Noor Fathima Warsia

The ICAI has increased efforts in the ethical standards aspect, which are crucial in the CA profession. Could you elaborate on ICAI’s code of ethics?

The ICAI’s code of ethics integrates global standards from the International Federation of Accountants with India’s unique requirements. Our stringent ethics code ensures integrity and professionalism among CAs. We maintain a zero-tolerance policy towards professional misconduct. If any member is found to be flouting the ethical standards set by the institute, strict action is taken.

Let’s discuss technology and digitisation. How are AI and other technologies impacting the role of CAs?